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From Dubai to the Nile: Monaxa MENA CEO Omar Al-Janabi on a Year of Milestones and the Road Ahead

Oct 14, 2026 BrokersView

 

DUBAI – In just over a year, Monaxa has gone from a new name in the Middle East to one of the region's fastest-moving trading groups. Under Omar Al-Janabi, CEO of Monaxa MENA, the company has hosted exclusive VIP events in Dubai, Yemen and on the Nile in Egypt, launched a new generation of trading products, and cut account verification to five minutes. Over the next two months, the team heads to Oman, the UAE and Kuwait, with new regulation on the way.

 

Behind that momentum is a clear idea of what Monaxa is. It is not just a brokerage. It is a liquidity provider and an investment hub, giving clients several ways to put their money to work: trading their own accounts, copying proven traders, investing through PAMM, taking a funded prop challenge, building long-term positions in stocks and ETFs, or growing a small deposit with boosted capital.

 

One team, six years, a new home

 

Monaxa's rise in MENA did not start from zero. It started with a team. When Al-Janabi joined Monaxa just over a year ago, the regional team he had led for more than six years moved with him: the same account managers, partner managers and support specialists that traders across the region already knew by name.

 

That continuity became Monaxa's first competitive advantage. Partners did not have to rebuild trust with strangers, and clients did not have to start over.

 

"Brokers can copy a product in a month. What they can't copy is a team that has worked in harmony for six years. Every one of us is a turnkey player, and we move as one," says Al-Janabi.

 

Milestones on the ground: the UAE, Yemen and Egypt

 

Al-Janabi's approach to growth is simple: go where the traders are and meet them face to face. Over the past year, Monaxa has turned that idea into a series of exclusive, invitation-only VIP events across the region.

 

  • Dubai, UAE. Monaxa launched its MENA journey in the region's financial capital, bringing together more than 30 VIP traders, partners and industry guests.
  • While most brokers overlook Yemen, Monaxa went there in person. More than 60 VIP traders attended, making it the company's largest regional gathering so far and proof that every market deserves a broker that shows up.
  • An exclusive VIP evening on the Nile hosted 30 of Monaxa's top clients and partners from one of the Arab world's largest trading communities.

 

"A banner can tell a trader you care. Shaking their hand in their own city proves it," Al-Janabi says.

 

A product line built for every kind of trader

 

Over the past year, Monaxa's product roadmap has followed one principle: no trader should outgrow the broker, and no beginner should feel out of place.

 

  • Boost 10X and Boost 20X. Monaxa's newest products multiply a trader's capital by 10 or 20 times. Deposit $100 and trade a $1,000 or $2,000 account, with one simple rule: protect your initial deposit. Profits can be withdrawn at any time, with no conditions. It works like a prop account, without the exams and evaluation stages traders are usually asked to pass. Uniquely, traders can use them on their personal accounts and inside their copy-trading accounts, so a strategy provider and their followers trade on the same boosted balance.
  • Monaxa Prop. For traders who want to prove their skill, Monaxa's prop programme opens a $5,000 challenge for just $49.
  • Cent accounts. Built for beginners and low-risk traders, cent accounts let people learn with real market conditions and small amounts.
  • Copy trading and PAMM. Experienced traders can share their strategies and manage capital, while followers can learn from proven performers.
  • Stocks and ETFs. For clients who believe in long-term investing rather than short-term speculation, Monaxa has added stocks and ETFs to its offering.
  • Every account type. From standard and swap-free accounts to cent accounts, Monaxa now covers every trading style on MT4 and MT5.

 

The result is a full trading ecosystem under one roof, from a trader's first cent to a professional managing other people's capital.

 

Education led by the region's best

 

Monaxa believes a better-informed trader is a better client. Every month, it releases educational videos presented by some of the most respected names in MENA trading, covering market analysis, strategy and risk management.

 

The conversation continues on MarginPod, Monaxa's podcast, where traders, analysts and industry voices share real stories from the markets.

 

Five-minute onboarding, support in every language

 

For years, slow verification was one of the biggest frustrations for traders in the region. Monaxa solved it. Through its partnership with Sumsub, a global identity-verification provider, accounts can be fully KYC-verified in as little as five minutes.

 

Support has been rebuilt the same way. Monaxa's AI-powered live chat answers clients in every major language, around the clock, with the regional team stepping in whenever a human touch is needed.

 

"A trader decides whether to trust you in the first ten minutes. We made sure those ten minutes are effortless," Al-Janabi explains.

 

Rewarding loyalty and empowering partners

 

Monaxa believes loyal clients should feel valued, not just retained. Its MXT Points programme rewards traders as they trade, with tradeable bonuses. Clients trade with them, and every profit they make is theirs to withdraw.

 

For partners, Monaxa introduced a multi-tier IB programme, so introducing brokers earn not only from their own clients but from the network they build. They also get detailed IB reports that show, in real time, client activity, volumes, commissions and network performance at every tier.

 

"Our partners built the MENA market with us. They deserve tools as serious as their ambition," says Al-Janabi.

 

Monaxa MENA by the numbers

 

Achievement

Result

MENA team working together

6+ years

Exclusive VIP events

UAE, Yemen, Egypt

VIP traders and partners met in person

120+

Account verification with Sumsub

As little as 5 minutes

Boosted capital

Up to 20X the deposit, profits withdrawable anytime

Prop challenge

$5,000 account from $49

Account types

Standard, swap-free, cent, copy trading, PAMM, prop, Boost 10X and 20X

Long-term investing

Stocks and ETFs

Trading platforms

MT4, MT5

Education

Monthly videos with leading MENA names, MarginPod podcast

Live chat

AI-powered, every major language

Next client evenings

Oman, UAE, Kuwait

 

What's next: Oman, the UAE, Kuwait and new regulation

 

Over the next two months, Al-Janabi and the MENA team will host client evenings in Oman, the UAE and Kuwait, meeting clients and partners in person. The goal is to listen, gather feedback and turn it into the next wave of products.

 

Monaxa is also preparing to announce new regulation shortly, adding to its existing licences and strengthening the security clients in the region rely on.

 

"Every milestone we've reached carries one message: Monaxa is here to stay, and it is here for the trader. The best chapter of our story in MENA is the one we are writing now," Al-Janabi concludes.

 

About Monaxa: Monaxa is more than a broker. It is an investment hub offering real trading conditions and real opportunities, operating with a growing global presence and influence. Learn more at monaxa.com.

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